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These days, finding an affordable place to live in the 40962 area can be challenging. Home prices in 40962 are now at a median cost of $108,328, lower than the Kentucky average of $219,615.
The average cost of rent is $783/mo in 40962, primarily driven by the current value of real estate in the 40962 area. In 40962, 24.94% of households rent, and 66.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40962 is $4,053 per month. Households that rent pay about 19.33% of their income on rent here. 40962’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 40941, KY: higher priced homes
- 40972, KY: less expensive homes
- 40914, KY: less expensive homes
- 41714, KY: less expensive homes
- 41762, KY: less expensive homes
- 41766, KY: less expensive homes
- 40741, KY: higher priced homes
- 40979, KY: less expensive homes
- 40744, KY: higher priced homes
- 40827, KY: less expensive homes
Zip Codes with Similar Populations
- 70427, LA: higher priced homes
- 33609, FL: higher priced homes
- 33777, FL: higher priced homes
- 37766, TN: higher priced homes
- 43952, OH: higher priced homes
- 58401, ND: higher priced homes
- 62711, IL: higher priced homes
- 65613, MO: higher priced homes
- 67530, KS: higher priced homes
- 07114, NJ: higher priced homes
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